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HEAD & SHOULDERS | October 11, 2002
Head & Shoulders or Cup & Saucer?
Often a pattern will start developing a left shoulder and a head. Then there will be the inevitable wait for the right shoulder to develop in order to form a true head and shoulder pattern. If the right shoulder does not develop, could it be a cup and saucer pattern instead? The share Vaxgen Inc. [VXGN] appears to be developing such a pattern.
by Koos van der Merwe
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